Sugarmade Inc (SGMD)

[GetRich902902]

I am glad you said it because I agree with you totally. You said "What you see occurring is SGMD wrapping up all contracts at one time under Sugarmade umbrella, reorganization announcement of corporate structure and Board, request to uplist with no RS. " I could not agree more. The companys agrees with you. But, when you say that it supports the argument that the stock price eventually will be in DOLLARS and not cents.

Jimmy has said he wants to uplist to the Nasdaq and is positioning the company to do so. Read the articles below where it mentions several cannabis companies in it. Interestingly, when it gets to Sugarmade it says of managements views on the acquisitions: "things(acquisitions) are apparently looking so good overall for the company that management has begun positioning for a potential NASDAQ uplisting, tapping the requisite legal team to expedite the process." So, that's why I think their focus also will be on the acquisitions being closed out first and then an uplisting to Nasdaq. As you know, the stock price needs to be about $4 to do so. So, if they close out the acquisitions it will give them the revenue base to keep the necessary stock price to remain on the Nasdaq. That is why I and evidently SGMD thinks that after the acquisitions the stock price will be well over $4.

https://www.prnewswire.com/news-releases/cannabis-cultivation-operations-booming-as-cannabis-friendly-regulations-fueling-big-revenue-opportunities-803491394.html

https://www.globenewswire.com/news-release/2018/11/16/1653034/0/en/CannabisNewsAudio-Announces-Audio-Press-Release-APR-on-Sugarmade-Inc-Pursuing-Deal-Expected-to-be-Highly-Accretive-for-Shareholders.html